Hello traders, And finally it happened, Bitcoin is on the brink. If the price drops below $ 37,850 permanently today, we can expect a complete correction. the price after the breakout of ATH from 2018 did not count the confirmation, so everything indicates that we are just witnesses of this correction.The MACD lines will most likely cross on Monday, but it also means (if the correction ends at 20k) that the price will have a new field to show, and that by the end of the year we will probably witness spectacular price jumps. Or maybe the bottom BB line support is enough on the weekly chart? So far, we only have to wait for the situation to develop.
Thanks for telling the truth, I was seeing everyone was pumping crypto here even we had several correction.
I was thinking all of them are same person with different name 😂
seba26-77
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@Whyisit, A lot of people just lie to themselves :)
Barrabert
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You just really want it to happen, Mr. 🐻 🙂
seba26-77
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@Barrabert, It's just a forecast;) realistically thinking should happen, optimistic thinking may fail, or vice versa ;)
Saadi75
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Hello @seba26-77 Is this chart and target still active for July? I believe that , BTC should test 40 k again ,but I need to hear from you .
Am I right or wrong ? The situation is not clear .
Thanks in advance .
seba26-77
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@saadi_75,
Saadi75
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@seba26-77,
Thanks for the quick reply , God bless you .
Barrabert
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A lot of alts did not reach their destinations, they are stopped halfway on their supports, the Elliot wave counts are not finished. If Bitcoin will go down to 20k as you predict, we can close the door for the market for a while.
It's always like that; when the market is going up, almost everybody is a moon boy and when the market is going for a correction, almost everybody is used to panic and predicting, that we are going to zero. Bitcoin did touch the 38.2 log fib retracement level. If it will break this level, the whole market is in serious trouble and the bull phase is broken. It can happen, but not probable.
I was thinking all of them are same person with different name 😂